Financial Administration: Payment and Reporting of Interest Penalties Prompt Payment Act (PL 97-177)

Abstract

This regulation provides general guidance in implementing the Prompt Payment Act and in reporting interest penalties on late payments. The main objective is to provide efficient and uniform procedures for the administration, accounting, and reporting of financial statistical data on disbursements and interest penalty payments made for goods and/or services received from vendors.

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Document Details

Document Type
Technical Report
Publication Date
Sep 06, 1983
Accession Number
ADA404460

Entities

People

  • Arthur Williams

Organizations

  • United States Army Corps of Engineers

Tags

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Agreements
  • Air Force
  • Army
  • Commerce
  • Commodities
  • Contract Administration
  • Contractors
  • Contracts
  • Finance
  • Government (Foreign)
  • Governments
  • Law
  • Local Governments
  • Procurement
  • Test And Evaluation

Fields of Study

  • Business

Readers

  • Defense Financial Management and Audit.
  • Finite Element Method (FEM) for solving Partial Differential Equations (PDEs)